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Friday, February 6, 2009

USD/JPY 06/02/2009

USD/JPY,

WOW! UJ has had an amazing run. All the way from where it broke out of the downtrend channel at 89.5, until 92.24. The price has entered back in the purple channel. It even tested the upper trend line. We might see it remain in this channel for now. And it may test the upper purple trend line again.


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